BNET Industries

Valero L.P.

is in the Energy Industry

Last Fiscal Year Sales:$1.4B
  • Private
  • US
Dow Jones Description

On the direct route to petroleum is where Valero wants to be. Founded in 1999 and headquartered in San Antonio, TX, Valero, L.P. transports crude and refined oil. The company operates in four segments: Refined Product Terminals, Refined Product Pipelines, Crude Oil Pipelines, and Crude Oil Storage Tanks. It operates a network of about 8,400 miles of refined oil pipelines and almost 800 miles of crude oil pipelines. It offers storage and handling facilities for oil and chemicals, and delivers crude to refineries. It is a subsidiary of Valero Energy. The company has annual revenue of about $660 million and employs about 2,500 people. In 2005, it acquired Kaneb Services LLC And Kaneb Pipe Line Partners, L.P.

President & CEO
Curtis V. Anastasio
Number of Employees 1,340
Contact Information

1 Valero Pl

San Antonio, Texas 78212

www.valerolp.co...

1 210 345 2000

NAICS Code Petroleum Refineries: 324110

News & Analysis

ashland and valero l.p. - All News and Analysis

  • Sweet and Sour Q3 Profits for Refiners.

    - 2004-11-15

    Although independent refiners saw strong earnings in the third quarter on continued high margins, performance was not as rosy as the second quarter of this year. A host of issues, including maintenance, sharply rising crude prices and poor hedging activities, chipped away at what could have been an even more...

    Tags: Ashland, Frontier, Premcor, Sunoco Inc., Tesoro, Valero L.P.

  • Hot Summer Margins Heat Up Refinery Margins.

    - 2003-11-17

    What a difference a year makes. After drowning in red ink in the third quarter of 2002 because of a virtually non- existent summer driving season, US refiners posted monster profits in the same period this year on the back of a surging gasoline market. Six leading US...

    Tags: Ashland, Frontier, Premcor, Sunoco Inc., Tesoro, Valero L.P.

  • Refiners' Q2 Affected by Uneven Demand.

    - 2003-08-21

    A second quarter that started with so much promise gradually deteriorated for US independent refiners, as volatile crude oil prices and faltering demand took some of the wind out their sails. The group still managed to generate sound profits, but most companies failed to meet Wall Street expectations. ...

    Tags: Ashland, Sunoco Inc., Tesoro, Valero L.P.

  • Valero's Profits Soar; Ashland's Sink in Q1

    - 2003-04-23

    Leading independent refiners Valero and Ashland announced divergent first-quarter results Tuesday, with the former posting better-than-expected earnings on the back of recovering downstream margins and the latter reporting a big loss due to refinery downtime and weak results from its road construction business. San Antonio-based Valero, the US'...

    Tags: Ashland, Valero L.P.

  • Refiners' Struggle to Break Even in Second Straight Tough

    - 2002-08-26

    Refiners' Struggle to Break Even in Second Straight Tough Quarter If the first quarter was a nightmare for US refiners in terms of profits, then the second quarter may have improved a little but could still be termed a bad dream. With downstream margins improving...

    Tags: Ashland, Sunoco Inc., Valero L.P.

Decision Makers

Name (plus bio) Position
Curtis V. Anastasio President & CEO
Steven A. Blank CFO & Senior Vice President
James Bluntzer Vice President, Operations
Jerry McVicker Vice President, Business Development
Mary F. Morgan Vice President, Business Development
Rodney Reese Vice President, Engineering, Technical Services
Thomas R. Shoaf Vice President & Controller
Richard Kellaway Managing Director, Uk & Amsterdam
Tommy Stuchell Director, Northeast Region
Bradley C. Barron Secretary

Board of Directors

Name (plus bio) Position
William E. Greehey Chairman
Dan J. Hill Board of Directors
Stan McLelland Board of Directors

Organization Position Status
Valero, L.P. President & CEO Current
Valero, L.P. President & CEO Current

Organization Position Status
Valero, L.P. CFO & Senior Vice President Current
Valero, L.P. Board of Directors Current

Organization Position Status
Valero, L.P. Vice President, Operations Current

Organization Position Status
Valero, L.P. Vice President, Business Development Current

Organization Position Status
Valero, L.P. Vice President, Business Development Current

Organization Position Status
Valero, L.P. Vice President, Engineering, Technical Services Current

Organization Position Status
Valero, L.P. Vice President & Controller Current

Organization Position Status
Valero, L.P. Managing Director, Uk & Amsterdam Current

Organization Position Status
Valero, L.P. Director, Northeast Region Current

Organization Position Status
Valero, L.P. Secretary Current

Organization Position Status
Valero Marketing & Supply Company Chairman & CEO Current
Valero Refining Company Chairman & CEO Current
Valero, L.P. Chairman Current
Valero Energy Corporation Chairman Former
Valero Energy Corporation Board of Directors Former

Organization Position Status
Valero, L.P. Board of Directors Current

Organization Position Status
Valero, L.P. Board of Directors Current
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